EVsCarScoops3 days ago
Honda CEO Refuses to Resign After EV Losses
3 min read
Honda CEO Toshihiro Mibe refused demands to resign after the company scrapped three EVs and booked $15.7 billion in losses. Retired executives, including 90-year-old former CEO Nobuhiko Kawamoto, pushed for his ouster. Mibe kept his job with board support and took a 30 percent pay cut.
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